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Forex Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

Japanese Yen/US Dollar (FOREX:JPYUSD)

Bear Market Rally (-75) - JPYUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYUSD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid JPYUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYUSD
Open High Low JPYUSD Price Change
0.00874023 0.00875496 0.00872955 0.00873252 -0.00000800
Entry Signal

MarketClub’s Trade Triangles for JPYUSD

long term down The long-term trend has been DOWN since Feb 5th, 2021 at 0.00946405

intermediate term down The intermediate-term trend has been DOWN since Dec 22nd, 2021 at 0.00875266

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 0.00872255

Smart Scan Analysis for JPYUSD

Based on our trend formula, JPYUSD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for JPYUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00874023 0.00875496 0.00872955 0.00873252 -0.00000800
Prev. Close Volume Bid Ask Time
0.00874023 2022-01-19 09:28:39
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